--- description: Learn more about Wave pricing, benefits, and disadvantages for your business in Canada. Read verified software reviews and find tools that fit your business needs. image: https://gdm-localsites-assets-gfprod.imgix.net/images/capterra/og_logo-e5a8c001ed0bd1bb922639230fcea71a.png?auto=format%2Cenhance%2Ccompress title: Wave Pricing, Reviews & Features - Capterra Canada 2026 --- Breadcrumb: [Home](/) > [PEO Software](/directory/32442/peo/software) > [Wave](/software/178021/wave-apps) # Wave Canonical: https://www.capterra.ca/software/178021/wave-apps Page: 1 / 70\ Next: [Next page](https://www.capterra.ca/software/178021/wave-apps?page=2) > Accounting solution that helps businesses automate invoicing, payroll management, estimating, invoicing, and bookkeeping tasks. > > Verdict: Rated **4.4/5** by 1726 users. Top-rated for **Likelihood to recommend**. ----- ## Overview ### Who Uses Wave? Wave helps small business owners, freelancers, solopreneurs, and consultants in the US and Canada manage accounting, payroll, invoicing, estimating and other processes. ## Quick Stats & Ratings | Metric | Rating | Detail | | **Overall** | **4.4/5** | 1726 Reviews | | Ease of Use | 4.5/5 | Based on overall reviews | | Customer Support Software | 4.0/5 | Based on overall reviews | | Value for Money | 4.6/5 | Based on overall reviews | | Features | 4.2/5 | Based on overall reviews | | Recommendation percentage | 80% | (8/10 Likelihood to recommend) | ## About the vendor - **Company**: Wave - **Location**: Toronto, Canada - **Founded**: 2009 ## Commercial Context - **Starting Price**: US$19.00 - **Pricing model**: Flat Rate (Free version available) (Free Trial) - **Pricing Details**: Wave offers a free version under the Starter plan with basic bookkeeping and invoicing features. The Pro plan is available at $19 USD per month with additional features. - **Target Audience**: Self Employed, 2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000, 5,001–10,000, 10,000+ - **Deployment & Platforms**: Cloud, SaaS, Web-based, Android (Mobile), iPhone (Mobile) - **Supported Languages**: English - **Available Countries**: Australia, Canada, China, Germany, India, Japan, United Kingdom, United States ## Features - ACH Payment Processing - Accounting Software - Accounts Payable Software - Accounts Receivable Software - Activity Dashboard - Alerts/Notifications - Bank Reconciliation - Billing & Invoicing - Budgeting/Forecasting - Cash Management - Chart of Accounts - Commission Management - Customer Statements - Dashboard Software - Data Import/Export - Direct Deposit - Expense Tracking - Financial Analysis - Financial Management Software - Financial Reporting Software - Fixed Asset Management Software - For Real Estate - Fund Accounting Software - General Ledger - Income & Balance Sheet - Invoice Management - Invoice Processing - Multi-Currency - PCI Compliance Software - Payroll Management - Payroll Reporting - Profit/Loss Statement - Project Accounting Software - Purchase Order Management - Receipt Management - Receivables Ledger - Recurring/Subscription Billing - Reminders - Reporting & Statistics - Reporting/Analytics - Revenue Recognition - Tax Compliance - Tax Management Software - Third-Party Integrations - Time & Expense Tracking - Transaction Management ## Integrations (6 total) - Gmail - Google Sheets - Microsoft Outlook - PayPal - Shoeboxed - Zapier ## Support Options - Email/Help Desk - FAQs/Forum - Knowledge Base Software - Chat ## Category - [PEO Software](https://www.capterra.ca/directory/32442/peo/software) ## Related Categories - [PEO Software](https://www.capterra.ca/directory/32442/peo/software) - [Direct Deposit Payroll Software](https://www.capterra.ca/directory/32598/direct-deposit-payroll/software) - [Payroll Software](https://www.capterra.ca/directory/30202/payroll/software) - [Human Resources Software](https://www.capterra.ca/directory/5/human-resource/software) - [Accounting Software](https://www.capterra.ca/directory/1/accounting/software) ## Alternatives 1. [Xero](https://www.capterra.ca/software/169561/xero) — 4.4/5 (3308 reviews) 2. [NetSuite](https://www.capterra.ca/software/135757/netsuite) — 4.2/5 (2054 reviews) 3. [QuickBooks Online](https://www.capterra.ca/software/141374/quickbooks-online) — 4.3/5 (8478 reviews) 4. [PayPal](https://www.capterra.ca/software/179251/paypal) — 4.6/5 (26512 reviews) 5. [Abby](https://www.capterra.ca/software/1036470/abby) — 4.7/5 (604 reviews) ## Reviews ### "Best free invoicing and financial management platform in Canada" — 4.0/5 > **Aaron** | *October 20, 2025* | Marketing & Advertising | Recommendation rating: 10.0/10 > > **Pros**: Wave has very solid web and app platforms. It's easy to navigate and makes the quoting, invoicing, and payment processes very streamlined -- while accepting payments from all major credit cards in Canada. The free version is already very useful for businesses just starting out, or those that are still in the early growth phase, but they also have an affordable paid version that adds a suite of automations and expense / receipt management functions to further boost productivity. > > **Cons**: The main thing I don't like about Wave is that they don't use standardized "GAAP terminology" for some of their financial management and reporting features. While this may make it more accessible to a certain user base, it actually makes it a bit confusing for me (who has a bit of formal CPA / accounting training). ----- ### "Love Hate Relationship" — 3.0/5 > **Ron** | *December 7, 2025* | Real Estate | Recommendation rating: 5.0/10 > > **Pros**: Ability to have multiple accounts/businesses (free version only) Value for the money Very user friendly Payments and invoicing features > > **Cons**: Inability to have multiple accounts/businesses in paid version Poor Value for the money with paid version because each account requires additional pay subscription Lack of AI Categorization vs competitors Lack of connectivity ability to import Banks \& Credit Cards transctions > > Love the UI and wanted it to be a viable alternative to the other players in the bookkeeping/accounting market but it fell far short and failed in it’s current itteration. Love the free version but it’s super basic and limited but upgrading to paid version is very expensive when using it for more than 1 business and offers inadequate features to do the job vis-a-vis other competitors in the market. If … WAVE would add AI, connectivity to banks and credit cards, and features to operate multiple businesses in the paid subscription I’d use it. As my daily driver vs the competitors. ----- ### "Wave Review" — 5.0/5 > **Baylee** | *October 17, 2025* | Telecommunications | Recommendation rating: 8.0/10 > > **Pros**: I like the Wave customer support team is very valuable they are always there to answer your questions and concerns. > > **Cons**: I cannot say anything negative about Wave except it lacks some integrations. The product could use some more integrations. > > It was a positive experience with Wave from the beginning it made accounting easy and saved us so many hours. ----- ### "Comprehensive Accounting SaaS With Appealing Design" — 5.0/5 > **Salina** | *July 7, 2026* | Information Technology & Services | Recommendation rating: 9.0/10 > > **Pros**: I was looking for a cost effective option to recommend to a family member, and I really find the value of Wave's free tier to be amazing. There are also trials for different add-on features like recurring invoices and their payroll which you can try for 30 days. I find in comparison to its competitors like Quickbooks, the web app user experience is smoother and the design is easier to look at with the different blue colours. It was very quick to connect my banking unlike with Quickbooks which took a couple of days, Wave only took a few minutes to verify my account. > > **Cons**: I tried to recommend my friend to use Wave but they were unable to sign-up as my friend works in healthcare, and there were some data storage restriction due to HIPAA and Wave's data policies, which prevented the registration to continue. Finding out that information made me feel slightly less secure with how the data is stored, and I had to research more to determine if I felt comfortable with Wave still. ----- ### "Must have for small businesses looking to grow\!" — 5.0/5 > **Pauline** | *July 27, 2025* | Hospitality | Recommendation rating: 10.0/10 > > **Pros**: Invoicing options. Ability to collect payment on invoices. Connecting banking transactions and reconciliations. For a small business having a payroll program that's affordable and manageable while they take care of remittances and off boarding. Financial tracking for profit and loss reports is extremely helpful as well. Open chat system with questions and answers; If answers aren't readily available, the support team follows up with an email to assist. The automation with sync banking and categorizing expenses and income is vey useful for identifying balancing books keeping your tasks on track. > > **Cons**: Not sure if it's been updated or integrated as of yet; the ability to have a schedule and dispatch for jobs related to the invoices. > > Been very pleased with the services as a well rounded provider. Would recommend for any and all new businesses just starting out that need assistance with Payroll, Bookkeeping, Accounting, Invoicing. This platform has enabled me to grow my business without the huge additional costs that other providers charge for features you're not ready for. ----- Page: 1 / 70\ Next: [Next page](https://www.capterra.ca/software/178021/wave-apps?page=2) ## Links - [View on Capterra](https://www.capterra.ca/software/178021/wave-apps) ## This page is available in the following languages | Locale | URL | | de | | | de-AT | | | de-CH | | | en | | | en-AE | | | en-AU | | | en-CA | | | en-GB | | | en-IE | | | en-IL | | | en-IN | | | en-NZ | | | en-SG | | | en-ZA | | | es | | | es-AR | | | es-CL | | | es-CO | | | es-CR | | | es-DO | | | es-EC | | | es-MX | | | es-PA | | | es-PE | | | fr | | | fr-BE | | | fr-CA | | | fr-LU | | | it | | | ja | | | nl | | | nl-BE | | | pt | | | pt-PT | | ----- ## Structured Data